How to invest in Switzerland using ETFs

How do I invest in Swiss stocks?

The easiest way to invest in the whole Swiss stock market is to invest in a broad market index. This can be done at low cost by using ETFs.

On the Swiss stock market you find 4 indices, which are tracked by ETFs.

Alternatively, you can consider indices on Europe. These indices weight Switzerland with up to 28%.

0.25% p.a. - 0.51% p.a.
annual total expense ratio (TER) of Switzerland ETFs
on the Swiss stock market, which is tracked by ETFs
on the Swiss stock market
The best indices for Switzerland ETFs

Performance of Swiss stocks (SLI®)

1 month: 4.99%
1 year: -3.27%
3 years: 23.81%
5 years: 81.40%

Indices in comparison

The best indices for ETFs on Switzerland

For an investment in the Swiss stock market, 4 indices tracked by 5 ETFs are available. On the Dow Jones Switzerland Titans 30 index there is 1 ETF. On the MSCI Switzerland index there is 1 ETF. On the SLI® index there are 2 ETFs. On the SPI® index there is 1 ETF. The total expense ratio (TER) of ETFs on these indices is between 0.25% p.a. and 0.51% p.a..

Index Investment focus Number of ETFs Number of constituents Short description

Dow Jones Switzerland Titans 30

Switzerland 1 ETF 30
The Dow Jones Switzerland Titans 30 index tracks the 30 largest Swiss stocks. The weight of each stock is capped at 10%.

MSCI Switzerland

Switzerland 1 ETF 38
(31/10/16)
The MSCI Switzerland index tracks around 40 leading stocks on the Swiss market.
Index factsheet

SLI®

Switzerland 2 ETFs 30
The Swiss Leader Index (SLI®) (total return) index tracks the 30 largest and most liquid stocks of the entire Swiss equity market.

SPI®

Switzerland 1 ETF 203
(31/10/16)
The SPI® index tracks the performance of the Swiss equity market as a whole.
Index factsheet
ETF
ISIN
  Fund size
in m EUR
TER
in %
Use of profits Fund domicile Replication method
iShares SLI UCITS ETF (DE)DE0005933964 218 0.51% p.a. Distributing Germany Full replication
Amundi ETF MSCI Switzerland UCITS ETF EURFR0010655753 114 0.25% p.a. Accumulating France Unfunded swap
ComStage Dow Jones Switzerland Titans 30 Net TR UCITS ETFLU0392496427 35 0.25% p.a. Accumulating Luxembourg Unfunded swap
db x-trackers SLI UCITS ETF (DR) 1DLU0322248146 28 0.35% p.a. Distributing Luxembourg Optimized sampling
ComStage SPI TR UCITS ETFLU0603946798 13 0.40% p.a. Accumulating Luxembourg Unfunded swap
 
Index   1 month
in %
3 months
in %
6 months
in %
1 year
in %
3 years
in %
MSCI Switzerland 0.09% -2.75% -2.21% -8.50% 17.84%
SPI® 0.15% -2.46% -1.56% -7.05% 20.39%
Dow Jones Switzerland Titans 30 1.85% 0.99% 1.51% -5.76% 22.46%
SLI® 2.35% 1.90% 2.19% -4.41% 21.67%
Index   2016
in %
2015
in %
2014
in %
2013
in %
2012
in %
MSCI Switzerland -6.76% 11.58% 13.47% 20.81% 18.35%
SPI® -6.32% 12.75% 14.11% 21.19% 17.69%
Dow Jones Switzerland Titans 30 -4.68% 13.29% 13.93% 20.09% 18.90%
SLI® -3.34% 13.65% 11.41% 20.30% 18.95%

Source: justETF.com; As of 30/11/16; Calculations in EUR based on the largest ETF of the respective index.

 
Alternative investment opportunities

Europe indices with a share of Switzerland

Besides Switzerland ETFs you may consider investing in ETFs on the European stock market. In total, you can invest in 4 Europe indices, which are tracked by 20 ETFs. The total expense ratio (TER) of ETFs on Europe indices is between 0.15% p.a. and 0.51% p.a..

 
Index Investment focus Number of ETFs Number of constituents Short description
MSCI Europe Europe
Switzerland: 13.98%
(31/10/2016)
13 ETFs 446
(31/10/16)
The MSCI Europe (total return) index tracks the leading stocks from 15 European industrial countries.
Index factsheet
MSCI Europe ex EMU Europe
Switzerland: 27.49%
(31/10/2016)
2 ETFs 205
(31/10/16)
The MSCI Europe ex EMU indext tracks almost 200 leading stocks in European countries outside of the Eurozone.
Index factsheet
MSCI Europe ex UK Europe
Switzerland: 19.61%
(31/10/2016)
1 ETF 335
(31/10/16)
The MSCI Europe ex UK index tracks the leading stocks from European industrial countries, excluding United Kingdom.
Index factsheet
STOXX® Europe 50 Europe
Switzerland: 20.90%
(31/10/2016)
4 ETFs 50
The STOXX® Europe 50 (total return) index tracks 50 European large cap stocks.
Index factsheet
ETF
ISIN
  Fund size
in m EUR
TER
in %
Use of profits Fund domicile Replication method
iShares MSCI Europe UCITS ETF (Dist)IE00B1YZSC51 5,462 0.35% p.a. Distributing Ireland Optimized sampling
db x-trackers MSCI Europe Index UCITS ETF (DR) 1CLU0274209237 2,659 0.30% p.a. Accumulating Luxembourg Full replication
iShares MSCI Europe ex-UK UCITS ETFIE00B14X4N27 1,568 0.40% p.a. Distributing Ireland Optimized sampling
Lyxor UCITS ETF MSCI Europe D-EURFR0010261198 1,353 0.25% p.a. Distributing France Unfunded swap
iShares STOXX Europe 50 UCITS ETFIE0008470928 630 0.35% p.a. Distributing Ireland Full replication
Source MSCI Europe UCITS ETF AIE00B60SWY32 586 0.20% p.a. Accumulating Ireland Unfunded swap
SPDR MSCI Europe UCITS ETFIE00BKWQ0Q14 522 0.25% p.a. Accumulating Ireland Full replication
iShares MSCI Europe UCITS ETF (Acc)IE00B4K48X80 505 0.33% p.a. Accumulating Ireland Optimized sampling
Amundi ETF MSCI Europe UCITS ETFFR0010655696 413 0.15% p.a. Accumulating France Unfunded swap
Amundi ETF MSCI Europe ex EMU UCITS ETFFR0010821819 316 0.30% p.a. Accumulating France Unfunded swap
Deka MSCI Europe UCITS ETFDE000ETFL284 298 0.32% p.a. Distributing Germany Full replication
iShares STOXX Europe 50 UCITS ETF (DE)DE0005933949 243 0.51% p.a. Distributing Germany Full replication
UBS ETF (LU) MSCI Europe UCITS ETF (EUR) A-disLU0446734104 218 0.20% p.a. Distributing Luxembourg Full replication
HSBC MSCI Europe UCITS ETF EURDE000A1C22L5 188 0.20% p.a. Distributing Ireland Full replication
Amundi ETF STOXX Europe 50 UCITS ETFFR0010790980 119 0.15% p.a. Accumulating France Unfunded swap
Amundi ETF MSCI Europe DR UCITS ETFIE0031091428 83 0.35% p.a. Accumulating Ireland Full replication
Deka MSCI Europe ex EMU UCITS ETFDE000ETFL458 42 0.30% p.a. Distributing Germany Full replication
Deka STOXX Europe 50 UCITS ETFDE000ETFL250 35 0.19% p.a. Distributing Germany Full replication
ComStage MSCI Europe TRN UCITS ETFLU0392494646 14 0.25% p.a. Accumulating Luxembourg Unfunded swap
db x-trackers MSCI Europe Index UCITS ETF (DR) 1DLU1242369327 11 0.30% p.a. Distributing Luxembourg Full replication
 
Index   1 month
in %
3 months
in %
6 months
in %
1 year
in %
3 years
in %
STOXX® Europe 50 0.28% -0.85% -2.46% -10.61% 8.13%
MSCI Europe ex EMU 1.88% -0.97% -2.01% -8.51% 13.49%
MSCI Europe 0.49% -0.12% -0.93% -8.25% 13.26%
MSCI Europe ex UK -0.58% -0.44% -0.88% -8.15% 14.75%
Index   2016
in %
2015
in %
2014
in %
2013
in %
2012
in %
STOXX® Europe 50 -5.22% 6.71% 6.12% 16.67% 12.70%
MSCI Europe ex EMU -3.79% 7.05% 8.93% 16.76% 15.46%
MSCI Europe ex UK -3.15% 10.89% 6.62% 21.86% 19.37%
MSCI Europe -3.11% 8.41% 6.78% 19.43% 16.90%

Source: justETF.com; As of 30/11/16; Calculations in EUR based on the largest ETF of the respective index.